55.Liability to be limited in respect of certain shares
Where any shares are purchased in a society by—
(a)the State Government ; or
(b)an Apex society from the Principal State Partnership Fund, or a Central Society from the Subsidiary State Partnership Fund, as the case may be ; the liability in respect of such share shall, in the event of the society of which the shares are purchased 1[being wound up], be limited to the amount paid in respect of such shares.
